Your SlideShare is downloading. ×

Pro snapshot-mar13

190
views

Published on


0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
190
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Consumer Snapshot march 2013 www.ProsperDiscovery.com
  • 2. march 2013 sentiment strategy discoveryDisclaimer: Prosper Business Development and its affiliated companies (“Prosper”) make no warranties, either expressed or implied, concerning: data gathered or obtained from any source; the present orfuture methodology employed in producing the statistics; or the data and estimates represent only the opinion of Prosper and reliance thereon and use thereof shall be at the user’s own risk.© 2013, Prosper®
  • 3. sentimentvery confident/confident in chances for a strong economy{adults 18+}42.0% consumer confidence40.0% those very confident/confident in chances for a strong economy remain stagnant at 37.5% in March38.0%36.0%34.0%32.0%30.0%28.0%Source: Monthly Consumer Survey© 2013, Prosper®
  • 4. sentimentvery confident/confident in chances for a strong economy{adults 18+}50.0% consumer confidence45.0% those very confident/confident in chances for a strong40.0% economy remain stagnant at 37.5% in March35.0%30.0% confidence over the years25.0% while confidence has improved from the Great20.0% Recession, economic sentiment has yet to “recover” sustained confidence readings in the 40-50% range15.0% would be expected in a “good” economy10.0% 5.0% 0.0% Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13Source: Monthly Consumer Survey© 2013, Prosper®
  • 5. sentimentvery confident/confident in chances for a strong economy{adults 18+}50.0% consumer confidence45.0% those very confident/confident in chances for a strong40.0% economy remain stagnant at 37.5% in March35.0%30.0% confidence over the years25.0% while confidence has improved from the Great20.0% Recession, economic sentiment has yet to “recover” sustained confidence readings in the 40-50% range15.0% would be expected in a “good” economy10.0% 5.0% Thomson Reuters/University of Michigan 0.0% preliminary reading for March saw consumer Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 sentiment drop to 71.8 from 77.6 in February (source)Source: Monthly Consumer Survey© 2013, Prosper®
  • 6. The frustrations expressed byconsumers essentially involve howlittle consideration has been given tohow the governments inability toreach a compromise affects peopleseconomic situation." - Richard Curtin, Survey Director, Thomson Reuters/University of Michigan Consumer Sentiment Index
  • 7. strategytop 5 ways consumers are financially coping with new“fiscal cliff” tax laws {adults 18+} coping with policy Spending less overall 3 out of 4 households report that they are taking measures to financially cope with the newWatching for sales more often fiscal cliff tax laws (source) Reducing dining out Using coupons more often Spending less on clothing 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Adults 18+ HH Earning Under $50K HH Earning $50K+Source: National Retail Federation / Monthly Consumer Survey© 2013, Prosper®
  • 8. strategy U.S. personal saving rate 9.0 coping with policy 8.0 3 out of 4 households report that they are taking measures to financially cope with the new 7.0 fiscal cliff tax laws (source) 6.0 5.0 spending at the expense of savings?Percent 4.0 january‘s personal saving rate (ratio of personal saving to disposable personal income) was 2.4%, a low not 3.0 seen since Q4 2007 (source) 2.0 great read: 1.0 The Resilient Consumer? Not Quite (Wall Street Journal) 0.0 Source: U.S. Department of Commerce: Bureau of Economic Analysis/FRED © 2013, Prosper®
  • 9. strategy strongly agree/agree: “i am saving enough to meet my future needs.” {adults 1 segmented by age group} 8+, 45.0% coping with policypercentage of those who “strongly agree” or “agree” 40.0% 3 out of 4 households report that they are taking measures to financially cope with the new 35.0% fiscal cliff tax laws (source) 30.0% 25.0% spending at the expense of savings? 20.0% january‘s personal saving rate (ratio of personal saving to disposable personal income) was 2.4%, a low not 15.0% seen since Q4 2007 (source) 10.0% savings confidence 5.0% buoyed by younger consumers, while those 35-64 (facing 0.0% mortgages, college expenses, retirement) are feeling Adults 18-24 25-34 35-44 45-54 55-64 65+ 18+ more insecure Source: Monthly Consumer Survey © 2013, Prosper®
  • 10. discovery rising gas prices & the impact on spending {adults 18+} Adults 18+: No major impact Gas Price (U.S. All Grades Avg for Week) pain at the pump 34% $4.00 inverse relationship between gas prices and those who say pump prices are having “no 32% major impact” on spending $3.80 30%“No Major Impact” fluctuating gas prices pinch spending in other areas, including big ticket items, Gas Price 28% $3.60 grocery, dining out, apparel purchases, and vacation travel 26% $3.40 24% 22% $3.20 Sources: Monthly Consumer Survey, Energy Information Administration (eia.doe.gov) © 2013, Prosper®
  • 11. © 2013, Prosper®
  • 12. thanks visit ConsumerSnapshot.com access: ______________________to Consumer Snapshot InsightCenter™ PowerPoint Slides …and more Prosper Insights & Analytics™ 400 W Wilson Bridge Rd, Ste 200 Worthington, OH 43085 info@goProsper.com ProsperDiscovery.comMessier 82 image source © 2013, Prosper®